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CZ and Peter Schiff spar over Bitcoin and tokenized gold, exposing a deeper fight about utility, trust, and what really backs the money of the future. Summary Peter Schiff argues tokenized, fully allocated gold is superior money, calling Bitcoin a faith based asset backed by nothing. CZ defends Bitcoin as scarce, borderless infrastructure with real … Read more
Trump’s on-air denial of knowing Binance founder Changpeng Zhao “CZ” after pardoning him is stirring debate in Washington and across crypto markets. In a “60 Minutes” interview that aired on Sunday, President Donald Trump said he does not know Changpeng “CZ” Zhao, the Binance founder he pardoned last month. He defended the move as a response … Read more
Binance founder Changpeng Zhao has distanced himself from rumors linking him to the launch of a crypto bank in Kyrgyzstan. Summary CZ has denied proposing the creation of a crypto bank in Kyrgyzstan called “Bereket Bank”. He emphasized having no interest in operating a crypto bank, despite supporting crypto-banking relations in general. The country recently … Read more
Changpeng Zhao has denied any involvement in a purported $35 million ASTER token transfer, a claim on-chain analysis have confirmed was based on manipulated screenshots. Summary Blockchain analyst @ai_9684xtpa confirmed the screenshot was manipulated, showing past-week transactions to mimic a recent sale; the wallet address is publicly verified as Binance-controlled. Similar accusations have targeted Changpeng Zhao … Read more
Congratulations to Kyrgyz President Sadyr Japarov on his newly announced national digital currency. And further congratulations to Changpeng “CZ” Zhao, Japarov’s advisor, who helped facilitate this launch, on his pardon from President Donald Trump two days ago. To catch you up on what Kyrgyzstan is, it’s a mountainous, landlocked, former Soviet Republic that borders northwest … Read more
In crypto news, markets are singing over the fact that former Binance chief Changpeng Zhao (CZ) received a crypto pardon, a decision following Arthur Hayes’ earlier reprieve, all while the Bitcoin price surges past $111,500 today. The timing brought questions as to whether Trump’s recent moves are part of a larger effort to lift the … Read more
Key Takeaways President Donald Trump has issued a pardon to Changpeng Zhao (CZ), founder of Binance, after CZ served a prison sentence for money laundering charges. CZ’s conviction was related to Binance’s compliance failures around anti-money laundering processes. Share this article President Donald Trump pardoned Changpeng Zhao, the founder of Binance, the world’s largest crypto … Read more
President Donald Trump has pardoned Binance founder Changpeng “CZ” Zhao, as first reported by CNBC. Zhao previously pleaded guilty to enabling money laundering while running the cryptocurrency exchange, and served four months in prison last year. “President Trump exercised his constitutional authority by issuing a pardon for Mr. Zhao, who was prosecuted by the Biden … Read more
Changpeng Zhao, former chief executive officer of Binance, arrives at federal court in Seattle, Washington, US, on Tuesday, April 30, 2024. David Ryder | Bloomberg | Getty Images President Donald Trump has pardoned Binance founder Changpeng Zhao, who had previously pleaded guilty to enabling money laundering while heading the cryptocurrency exchange, the White House said … Read more
Key Takeaways Trump is reportedly leaning toward pardoning Binance founder Changpeng Zhao. A pardon could restore CZ’s standing in the crypto industry, where he remains Binance’s largest shareholder. Share this article President Donald Trump is considering pardoning Changpeng Zhao, the founder and former CEO of Binance, amid ongoing White House discussions, according to financial journalist … Read more
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